August 2026 – Real Estate Market Newsletter

Heather Woodward

1 week ago

Welcome to the August 2026 Real Estate Market Newsletter, your monthly guide to what’s happening across Crested Butte, Gunnison, and the surrounding Gunnison Valley. This month’s newsletter offers a look at the latest July 2026 market trends, along with a comparison of real estate activity in Crested Butte and Gunnison over the past three years. I’ll also be highlighting a featured property, sharing some of the best local events happening in August and September, and taking you beyond the usual tourist destinations with a look at some of the hidden gems of Gunnison County.

You’ll also find a couple of my latest videos, including “Is Gunnison a Good Investment?” and a Skyland Map Tour, designed to provide additional insight into our local communities, real estate opportunities, and what makes the Gunnison Valley such a special place to live.

Gunnison County’s housing market experienced a notable increase in inventory during July 2026. Active listings rose 13.0% year over year to 330 properties, bringing the market to an 11.1-month supply of inventory. New listings slowed 33.6% from the previous month to 71, while pending listings remained relatively steady, dipping just 2.1% to 47 properties under contract compared to 48 in June.

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CRESTED BUTTE
*Mt. Crested Butte to
Crested Butte South*

GUNNISON
*Almont to Gunnison*

Number of Listings Sold – 26
Volume – $45,269,043
Median – $1,200,000
Average – $1,741,117
Under Contract – 40

Number of Listings Sold – 23
Volume – $18,914,000
Median – $420,000
Average – $822,347
Under Contract – 19

Number of Listings Sold – 22
Volume – $26,710,039
Median – $441,528
Average – $1,214,092

Number of Listings Sold – 38
Volume – $18,992,850
Median – $520,750
Average – $499,811

Number of Listings Sold – 26
Volume – $37,677,563
Median – $883,000
Average – $1,449,137

Number of Listings Sold – 29
Volume – $18,380,900
Median – $587,000
Average – $633,824

100 Teocalli Road #2, Crested Butte, CO 81224

Explore Crested Butte and Gunnison’s upcoming events! Click here to view the full calendar.

Click here for August Events

Click here for September Events

Hidden Gems of Gunnison County That Most Visitors Never Discover
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When people think of Gunnison County, Colorado, iconic destinations like Crested Butte, Blue Mesa Reservoir, and Monarch Pass often come to mind. While these attractions are certainly worth visiting, the true magic of the valley lies beyond the well-traveled roads. Tucked away among alpine forests, wildflower-filled meadows, crystal-clear rivers, and rugged mountain peaks are countless hidden gems that many visitors simply drive past.

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Is Gunnison a Good Investment?
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In this video, I break down the Gunnison real estate market and explain why more buyers and investors are looking south of Crested Butte for better affordability, strong rental demand, and long-term opportunities.We’ll cover:

✔️ What makes Gunnison unique compared to Crested Butte
✔️ Home prices and affordability
✔️ Long-term rental investment potential
✔️ The truth about short-term rentals (Airbnb & VRBO)
✔️ Market stability and appreciation trends
✔️ Land investment opportunities
✔️ Who Gunnison is the best fit for—and who should look elsewhere

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Skyland Map Tour
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Discover why Skyland is one of Crested Butte’s most sought-after luxury communities in this in-depth neighborhood map tour. I’ll take you through Skyland’s fascinating history, from the historic Ruland Ranch and Skyland Camp to the development of the community and its Robert Trent Jones Jr.–designed championship golf course. You’ll also get an inside look at the neighborhood’s amenities, including Grant Lake, private Slate River fishing access, scenic trail connections, The Club at Crested Butte, and the six distinct sub-neighborhoods that make Skyland unique.

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Thanks for your time and hope to see you around Crested Butte or Gunnison sometime!

Your Friend,

315 Sixth Street
Crested Butte, CO 81224, USA

Whether you’re considering buying, selling, investing, or simply keeping up with the local market, I hope this month’s newsletter gives you a helpful snapshot of the area and keeps you connected to everything happening throughout our beautiful mountain communities.